Five9, Meta Platforms and Wingstop have strong records of beating earnings and post report gains, despite recent share declines, with analysts seeing major upside ahead With more companies reporting earnings next week, there are some names that could be in for big gains if history repeats itself. Continue Reading with CNBC-TV18 Access Membership Priority Access…
Stock Market next week The stock market will remain closed for three consecutive days next week on account of Maharashtra Day along with the regular weekend holidays. Trading across equities, derivatives, commodities and other instruments will remain suspended during this period. In the preceding trading week (April 20-24), the Sensex declined over 2.3 per cent…
Q4 Results Today Live Updates: Axis Bank, IDFC First Bank among over a dozen firms to declare earnings – Track live updates here Dalal Street will remain in focus on earnings today as more than a dozen companies, including heavyweight lenders Axis Bank and IDFC First Bank, are set to announce their Q4 results. Investors…
Shares of UTI Asset Management Company Ltd. declined 10% on Friday, April 24, reacting to their fourth quarter earnings. This is the biggest single-day fall that the stock has seen since its Dalal Street debut back in 2020. For the March quarter, the company’s total revenue from operations declined by 25% from the previous quarter…
Shares of IDBI Bank recovered sharply from intraday lows on Friday (April 24) after Union Finance Minister Nirmala Sitharaman said the government will continue with the bank’s disinvestment process. The stock rose as much as over 6% from the day’s low of ₹72.37 to touch an intraday high of ₹79.98 on the BSE. It was…
Shares of Chennai Petroleum Corporation Ltd. declined as much as 6% on Friday, April 24, despite the company reporting a strong quarter-on-quarter performance for the March quarter. The refining major’s earnings were supported by robust crack spreads in March, aided by supply disruptions linked to geopolitical tensions in West Asia. On a sequential basis, revenue…
Ashoka Buildcon Ltd. on Friday, April 24, said it has received a Letter of Contract Acceptance from the Ministry of Energy and Water, Republic of Angola, for an electricity infrastructure project. The contract, valued at $72.36 million (approximately ₹600 crore), pertains to the ‘Electricity Sector Improvement and Access Project’ and involves the design, supply, installation…
Shares of Chennai Petroleum Corporation Ltd declined over 6% in trade on Friday, even as the company announced its highest dividend payout in two years alongside its March quarter earnings. As of 02:12 PM, the stock was trading at ₹1,008 on the NSE, down ₹61.30, after hitting an intraday low of ₹995. The board recommended…
Shares of HCLTech Ltd. extended their losses for the third straight-day on Friday, April 24, as they declined over 6%, hitting another 52-week low for the second time this week. The stock has traded with losses in six out of the last seven trading sessions. It has declined 16.5% in the past week. This is…
The artificial intelligence boom has triggered a seismic reshuffling of global equity markets, with Taiwan and South Korea muscling past European nations one by one. With its stock market now valued at nearly $4.3 trillion, Taiwan surpassed the United Kingdom, Europe’s biggest market, earlier this month, according to data compiled by Bloomberg. South Korea is…
